22-07-2025
Walleye Joins Multistrategy Hedge Funds Saying No to New Cash
Walleye Capital is pausing taking new cash, joining a string of multistrategy hedge funds turning down investors to avoid being bogged down by size.
New York-based Walleye will no longer accept money from new investors after growing assets to more than $8 billion, according to a letter to investors seen by Bloomberg News. Following the capital raising earlier in the year, the firm is taking a pause to allow its 'strategies to settle at their new size,' Walleye's Chief Executive Officer Will England wrote in the letter.